Haveli Company had the following investing activities during the year ended March 31, 20X7:

1. Purchased investments for cash, Rs.6,500. 2. Sold investments for cash: cost Rs 3,800; loss Rs 500 . 3. Purchased a plant for cash, Rs 15,800 . 4. Constructed a building for own use, Rs 7,500 (excluding capitalized interest, Rs 250). 5. Sold a plant for cash, Rs 5,200 (cost Rs 9,500; carrying amount, Rs 4,300). 

Required Compute net cash flow from investing activities. 

Supra Corporation had the following financing activities during the year ended November 30 2019

 1. Paid dividends, Rs 1,200 . 2. Redeemed debentures, Rs 4,700. 3. Repaid bank overdraft, Rs 2,100 . 4. Converted debentures into equity shares, Rs 1,000. 5. Issued convertible debentures, Rs 17,000.

 Required Compute net cash flow from financing activities.

  

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The statement of profit and loss of Shamsher Leather Company for the year ended March 31, 20X8 is as follows: SHAMSHER LEATHER COMPANY Statement of Profil and Loss For the year ended March 31, 20X8 76900 Sales. Dividend income Interest income. Gain on disposal of plant. total income.. Cost of goods sold Depreciation expense Finance costs Selling and administrative expenses Loss on sale of investments. Total expenses. Profit before tax. Tax expense Profit for the period 300 200 800 78200 58300 9500 900 2700 300 71700 6500 2800 3700 During the period, inventories increased by Rs.1,500, trade receivables (gross) decreased by Rs 2300, trade payables decreased by Rs 1,600, and income tax payable decreased by Rs 500. Selling and administrative expenses include bad debt expense of Rs 700. Trade receivables in the amount of Rs 300 were written off during the period. Required Present the cash flows from operating activities using the indirect method. The statement of profit and loss of Shamsher Leather Company for the year ended March 31, 20X8 is as follows: SHAMSHER LEATHER COMPANY Statement of Profil and Loss For the year ended March 31, 20X8 76900 Sales. Dividend income Interest income. Gain on disposal of plant. total income.. Cost of goods sold Depreciation expense Finance costs Selling and administrative expenses Loss on sale of investments. Total expenses. Profit before tax. Tax expense Profit for the period 300 200 800 78200 58300 9500 900 2700 300 71700 6500 2800 3700 During the period, inventories increased by Rs.1,500, trade receivables (gross) decreased by Rs 2300, trade payables decreased by Rs 1,600, and income tax payable decreased by Rs 500. Selling and administrative expenses include bad debt expense of Rs 700. Trade receivables in the amount of Rs 300 were written off during the period. Required Present the cash flows from operating activities using the indirect method.

Answer rating: 100% (QA)

Net Cash Flow from Investing Activities for Haveli Company Purchased Investments for Cash Rs 6500 Ca... View the full answer